AML for Correspondent Banking

Intelligent AML Risk Management for Correspondent Relationships

Increased regulatory scrutiny and lack of transparency in correspondent banking networks are driving banks to de-risk by exiting relationships with foreign financial institutions. With limited visibility into correspondent networks , banks lack insight into the cross-border transactions they process. ThetaRay’s AML for Correspondent Banking solution empowers FIs with next generation artificial intelligence. More than AI, ThetaRay algorithms are guided by Artificial Intuition, which simulates the decision-making aptitude of human intuition. Harnessing the full capability of unsupervised machine learning, FIs can now maintain and scale their global business, while mitigating counterparty risk in correspondent channels.